Lovely 3-family with 2-bay garage and double-wide driveway on a pretty residential street in prime Davis Sq. location. Excellent rental history. Notable features include updated kitchen in Unit 1; updated kitchen in Unit 2 w/gas cooktop, separate oven, vent hood, butcher block counters, ss appliances; w/d and wood burning fp in Unit 2; recently rebuilt front and rear porches; shared bsmt w/d for Units 1 and 3; large windows; hardwood floors; front and side garden/yard; rear patio. All 3 units are 1 bed/1 bath with leases thru 8/31/24; Unit 1 could be delivered vacant by July 1. Would also convert nicely to 2 units (see uploaded plans) or single family. Enjoy the many delights of Davis Sq. – shops, restaurants, nightlife, Red Line subway stop. Cottage Ave. is also walkable to the Porter Sq. Red Line and commuter rail stations, 2 new GLX stations, and to Ball, Magoun, and Teele Sqs. Easy commute by bike, foot, or public transit to Harvard, MIT, and Tufts; near major highways and airport.
This listing has been viewed 42 times in the past 212 days
Last Updated: October 7th, 2024 at 4:54pm
Walk/jog Trails
Conservation Area
Highway Access
Shopping
Park
Bike Path
Public Transportation
T-station
University
General Information for 5-7 Cottage Avenue, Somerville, Massachusetts 02144
Property TypeResidential Income
Property Sub TypeMulti Family
Price$1,795,000
Price per sqft$596.94
MLS #73229155
Handicap Access / FeaturesNo
List Date2024-04-25
Special Listing ConditionsNo
StateMassachusetts
Street NameCottage Avenue
CitySomerville
Zip Code02144
CountyMiddlesex
MLS Status
Covered Parking Spaces2
Heating Y/NYes
Heating System
Heat Zones
Sold Date
Property Sub TypeMulti Family
Building Area SourcePublic Records
Building Area Total3007
Building Area Units0
CarportNo
Close Date
Close Price$0
Covered Parking Spaces2
Listing Service
UnparsedAddress5-7 Cottage Avenue, Somerville MA 02144
Zoning
Interior Features for 5-7 Cottage Avenue, Somerville, Massachusetts 02144
* Approx. Living Area Total3,007 sq ft
Living Area Includes BasementNo
Bedrooms3
* # Fireplaces1
Bathrooms (Total)3
Full Baths3
* # Half Baths0
* # Rooms
Basement
Heating System
AppliancesNo
Electric
Living Area Disclosure
Living Area Includes BasementNo
Door FeaturesNo
ElectricYes
Electric$0
MLS Area (Major)Davis Square
MLSPIN_BEDRMS_11
MLSPIN_BEDRMS_21
MLSPIN_BEDRMS_31
MLSPIN_BEDRMS_4
MLSPIN_FLRS_1
MLSPIN_FLRS_2
MLSPIN_FLRS_3
MLSPIN_FLRS_4
MLSPIN_F_BTHS_11
MLSPIN_F_BTHS_21
MLSPIN_F_BTHS_31
MLSPIN_F_BTHS_4
MLSPIN_GRE$0
MLSPIN_HTE$0
MLSPIN_H_BTHS_10
MLSPIN_H_BTHS_20
MLSPIN_H_BTHS_3 0
MLSPIN_H_BTHS_4
OffMarketDate29/08/2024
Exterior Features for 5-7 Cottage Avenue, Somerville, Massachusetts 02144
* Approximate Lot Size0.08 acres
Covered Parking Spaces2
Lot FeaturesOther
* Parking Spaces2
* Sewer Utilities
* Water Utilities
* Year Built1920
Year Built Details
Year Built SourcePublic Records
Construction MaterialsNo
Exterior Features
Foundation Area
Foundation MaterialsStone,Brick/Mortar
Approx. Street Frontage
Horse PermittedNo
Horse Amenities
Parking Features
Utilities
Lot Size (Square Feet)3,658 Sqft
Disclosures for 5-7 Cottage Avenue, Somerville, Massachusetts 02144
Buyer Agent Compensation2.5
Contingency
FinancingNo
Disclosures
Documents AvailableNo
Exclusions
MLSPIN_COMP_BASED_ONNet Sale Price
MLSPIN_COOP_COMP
MLSPIN_DISCLOSUREN
Lead PaintUnknown
Living Area Disclosure
Living Area Includes BasementNo
Facilitator Compensation2.5
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 5-7 Cottage Avenue, Somerville, Massachusetts 02144
Assessed Value
Real Estate Tax$0
Tax Year
Financial Data SourceNo
Gross Income$83,400
Insurance Expense$0
MLSPIN_LEASE_1
MLSPIN_LEASE_2
MLSPIN_LEASE_3
MLSPIN_LEASE_4
MLSPIN_LEVELS_11
MLSPIN_LEVELS_21
MLSPIN_LEVELS_31
MLSPIN_LEVELS_4
MLSPIN_MGF$0
MLSPIN_MSE$0
MLSPIN_RENT12850
MLSPIN_RENT22850
MLSPIN_RENT32000
MLSPIN_RENT4
MLSPIN_RFS$0
MLSPIN_RME$0
MLSPIN_SOLD_PRICE_PER_SQFT$0
NetOperatingIncome$83,400
OperatingExpense$0
OriginalListPrice$1,895,000
RENT_FEE_INCLUDESNo
TOTAL_RENT7700
WaterSewerExpense$0
Lifestyle Information for 5-7 Cottage Avenue, Somerville, Massachusetts 02144
FireplaceYNNo
Frontage Type
GarageYNNo
Waterview
Pool FeaturesNo
Waterfront FeaturesNo
Location information for 5-7 Cottage Avenue, Somerville, Massachusetts 02144
Elementary School
Middle School
High School
NumberOfUnitsTotal3
Marketing History for 5-7 Cottage Avenue, Somerville, Massachusetts 02144
MLSPIN_MARKET_TIME_BROKER126
MLSPIN_MARKET_TIME_PROPERTY126
PurchaseContractDate
Agent Information for 5-7 Cottage Avenue, Somerville, Massachusetts 02144